Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
Position Summary
Ares Private Equity flagship corporate opportunities funds pursue investments in growth-oriented middle market companies in North America and Europe. Our senior investment professionals average over 21 years of experience investing in, advising, underwriting, and restructuring leveraged companies. We seek to invest in high-quality middle market companies in our core industries - Healthcare, Services, Industrials and Consumer - where we can utilize our extensive growth-oriented investing experience, proprietary Value Creation System and our ability to flex into distressed to seek to generate consistent returns across market environments.
Ares is seeking an experienced Talent Operating Partner to join the Value Creation Team (“VCT”) within the Private Equity Group (“PEG”) in our Los Angeles, CA office. The VCT’s core mission is to create value across Ares’ Private Equity portfolio companies and optimize the performance of Ares’ Private Equity funds. The VCT is responsible for supporting the identification and prioritization of key value drivers in partnership with deal teams and management, aligning talent to the key value drivers, monitoring performance of portfolio companies, supporting capital deployment efforts, and driving fund-level analytics. The VCT consists of highly experienced professionals, including former executives at successful private equity-backed companies, advisors at top consulting firms, and former investment professionals. The Vice President, Portfolio Performance role will be focused on portfolio monitoring, fund-level analytics and executing the performance management function internally. This is an exciting opportunity to join a lean team with high visibility into senior private equity leadership.
Primary Functions
The Principal exists to create value in Ares funds and portfolio companies through talent advisory, talent acquisition, and other talent-related initiatives. The role is executed through influence and partnership with constituents (deal teams, boards, PC management teams) and trusted third parties, without direct line control, and seeks to tie all activities back to value creation.
- During diligence and capital deployment: Works in partnership with deal teams to evaluate targets, identify key value-driving roles in the org structure, and, in certain occasions, help recruit and evaluate for those roles. This function may include advisory, board, and management team roles that support the investment theses.
- During ownership: Engages with portfolio company management teams to support strategy and accelerates the pace of execution and results of talent programs. The VP/Principal engages primarily with portfolio companies primarily through search execution – either personally, via search partners, or a combination thereof.
- On an ongoing basis: Partners with deal teams to cultivate sector-oriented networks of potential industry advisors, board members, and executive-level operators. Also, builds/improves core practices for the transformation and/or expansion of talent systems and processes for PCs, including: assessment, recruiting, org design/succession, compensation, organization health, culture, and ongoing talent and relationship management. Working with the Talent Partner, manages and optimizes spend with third parties.
Essential Responsibilities (First Year Success Is)
- Established, trusted member of the firm with portfolio group, deal teams, and leadership.
- Participate in at least two capital deployment processes as requested by the deal teams, likely in sourcing and development of advisor relationships.
- In partnership with Talent Partner:
- Support over 100 executive hires in the portfolio through a variety of means: search, search support, introduction, referencing, etc.
- Evaluate partner relationships (search firms, assessors, introductions, etc.) and related annual spend. Set partner strategy, goals, spend targets, and management cadence.
- Implement central system for tracking firm relationships.
Qualifications
The VCT is looking for self-motivated, highly driven individuals with a passion and interest in Private Equity. In addition to strong analytical skills and comfort in a fast-paced, collaborative environment, successful candidates should have:
Education:
- Minimum of a B.S. degree in Business Administration, Human Resources, or a related field
Experience Required:
- 10+ years of relevant experience in talent management, executive search, or a related field, preferably within a private equity environment
- Superior verbal and written communication experience. Able to interact confidently and competently with Principals, Partners, and senior portfolio executives with little to no air cover.
- Confidence and experience with data sets; high competency in Excel, pivot tables, etc.
- Confidence and experience presenting ideas and synthesizing data in PPT.
- Systems implementation experience; design not required; implementation and startup required.
- Proven track record of successfully recruiting and developing senior executives.
- Strong understanding of talent management principles and best practices.
- Excellent interpersonal and communication skills.
- Ability to build and maintain strong relationships with diverse stakeholders.
- Strategic thinker with the ability to execute tactically.
- High level of integrity and professionalism.
General Requirements:
- The ability to work effectively in a collegial, fast moving, demanding, and dynamic environment;
- Creative problem-solving abilities;
- Strong interpersonal skills;
- Ability to lead and train a team of junior support staff;
- Impeccable integrity and trustworthiness; and
- Ability to work onsite at the Ares office 4 days a week
Reporting Relationships
Compensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
$250,000.00 - $300,000.00
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
